Tan Chong Motor Holdings Bhd (XKLS:4405) Cyclically Adjusted PB Ratio: 0.09 (As of Aug. 02, 2026) — 57% Below Median

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XKLS:4405 Tan Chong Motor Holdings Bhd XKLS:4405
16 GF Score
Price RM0.48
GF Value RM0.63
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio?

Tan Chong Motor Holdings Bhd XKLS:4405 16 Cyclically Adjusted PB Ratio is 0.09 as of Aug. 02, 2026, which is 57% below its 10-year median of 0.21. GuruFocus rates XKLS:4405 with a GF Score™ of 16/100 and a GF Value™ of RM0.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,015 Vehicles & Parts companies, Tan Chong Motor Holdings Bhd ranks better than 98.62% on this metric.

As of today (2026-08-02), Tan Chong Motor Holdings Bhd's current share price is RM0.48. Tan Chong Motor Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was RM5.10. Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio for today is 0.09.

The historical rank and industry rank for Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:4405' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.21   Max: 0.29
Current: 0.09

During the past years, Tan Chong Motor Holdings Bhd's highest Cyclically Adjusted PB Ratio was 0.29. The lowest was 0.06. And the median was 0.21.

XKLS:4405's Cyclically Adjusted PB Ratio is ranked better than
98.62% of 1015 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs XKLS:4405: 0.09

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Tan Chong Motor Holdings Bhd's adjusted book value per share data for the three months ended in Mar. 2026 was RM3.992. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM5.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tan Chong Motor Holdings Bhd  (XKLS:4405) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio Related Terms


Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio Chart

Tan Chong Motor Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.24 0.19 0.08 0.12

Tan Chong Motor Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.10 0.12 0.12 0.09

XKLS:4405 vs TSLA, GM, F: Cyclically Adjusted PB Ratio Comparison

For the Auto Manufacturers subindustry, Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio falls into.


XKLS:4405
16GF Score
Tan Chong Motor Holdings Bhd XKLS:4405
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tan Chong Motor Holdings Bhd Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.48/5.10
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tan Chong Motor Holdings Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tan Chong Motor Holdings Bhd's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.992/330.2130*330.2130
=3.992

Current CPI (Mar. 2026) = 330.2130.

Tan Chong Motor Holdings Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.161 241.018 5.701
201609 4.141 241.428 5.664
201612 4.402 241.432 6.021
201703 4.356 243.801 5.900
201706 4.316 244.955 5.818
201709 4.275 246.819 5.719
201712 4.284 246.524 5.738
201803 4.296 249.554 5.685
201806 4.276 251.989 5.603
201809 4.303 252.439 5.629
201812 4.346 251.233 5.712
201903 4.379 254.202 5.688
201906 4.378 256.143 5.644
201909 4.371 256.759 5.621
201912 4.627 256.974 5.946
202003 4.593 258.115 5.876
202006 4.479 257.797 5.737
202009 4.468 260.280 5.668
202012 4.357 260.474 5.524
202103 4.352 264.877 5.425
202106 4.285 271.696 5.208
202109 4.200 274.310 5.056
202112 4.280 278.802 5.069
202203 4.250 287.504 4.881
202206 4.229 296.311 4.713
202209 4.221 296.808 4.696
202212 4.405 296.797 4.901
202303 4.406 301.836 4.820
202306 4.369 305.109 4.728
202309 4.279 307.789 4.591
202312 4.204 306.746 4.526
202403 4.170 312.332 4.409
202406 4.096 314.175 4.305
202409 3.931 315.301 4.117
202412 3.854 315.605 4.032
202503 3.854 319.799 3.980
202506 3.742 322.561 3.831
202509 3.651 324.800 3.712
202512 4.013 324.054 4.089
202603 3.992 330.213 3.992

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.09 mean?
Tan Chong Motor Holdings Bhd (XKLS:4405) has a Cyclically Adjusted PB Ratio of 0.09 as of Aug. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tan Chong Motor Holdings Bhd and its competitors. This is 57% below median its historical median of 0.21. Over the past decade, Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.29. According to the industry distribution chart, Tan Chong Motor Holdings Bhd ranks #14 out of 1015 companies in the Vehicles & Parts industry, placing it in the top 1.4%.
Is Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio too high?
Tan Chong Motor Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.09 is 57% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.29. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.26. Tan Chong Motor Holdings Bhd's value of 0.09 is 92.9% below this industry median. Based on the distribution chart, Tan Chong Motor Holdings Bhd ranks #14 out of 1015 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tan Chong Motor Holdings Bhd has a GF Score™ of 16/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tan Chong Motor Holdings Bhd's Cyclically Adjusted PB Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tan Chong Motor Holdings Bhd ranks #14 out of 1015 companies for Cyclically Adjusted PB Ratio. This places Tan Chong Motor Holdings Bhd in the top 1% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.26. Tan Chong Motor Holdings Bhd's value of 0.09 is 92.9% below this benchmark. Historically, Tan Chong Motor Holdings Bhd's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 0.29 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 1.26, Tan Chong Motor Holdings Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.26, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tan Chong Motor Holdings Bhd's current Cyclically Adjusted PB Ratio of 0.09 is 92.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Tan Chong Motor Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tan Chong Motor Holdings Bhd's current Cyclically Adjusted PB Ratio is 0.09, which is 57% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Chong Motor Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tan Chong Motor Holdings Bhd (XKLS:4405) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.63, compared to a current price of RM0.48 — trading 23.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.09, which is 57% below median its 10-year median of 0.21 and 92.9% below the Vehicles & Parts industry median of 1.26. Tan Chong Motor Holdings Bhd's overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Tan Chong Motor Holdings Bhd (XKLS:4405), the current Cyclically Adjusted PB Ratio is 0.09 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tan Chong Motor Holdings Bhd (XKLS:4405) Overvalued in 2026?

Based on GuruFocus' analysis, Tan Chong Motor Holdings Bhd stock appears to be undervalued. The current stock price of RM0.48 is trading 23.8% below its estimated GF Value™ of RM0.63. GuruFocus considers Tan Chong Motor Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4405:

  • Cyclically Adjusted PB Ratio: 0.09 (57% below median its 10-year median of 0.21)
  • GF Value™: RM0.63 vs. price of RM0.48 (23.8% below fair value)
  • GF Score™: 16/100 with 3 warning signs
  • Industry Position: 92.9% below the Vehicles & Parts median (#14 of 1015)

No single metric tells the full story. See the XKLS:4405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tan Chong Motor Holdings Bhd Business Description

Address 62-68, Jalan Sultan Azlan Shah, Wilayah Persekutuan, Kuala Lumpur, MYS, 51200
Tan Chong Motor Holdings Bhd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: Vehicle assembly, manufacturing, distribution and after-sales services, Financial Services, and other operations. The Vehicles assembly, manufacturing, distribution and after-sales services segment generates maximum revenue, by engaging in the assembly and distribution of passenger and commercial vehicles, automotive workshop services, and the distribution and manufacturing of automotive parts. The Financial Services segment provides hire purchase financing, personal loans, and insurance agency services. Geographically, the Group derives maximum revenue from Malaysia, and the rest from Vietnam and other countries.
16GF Score

Get the complete analysis for XKLS:4405

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.48
Price
RM0.63
GF Value